Key Takeaways
Strategy bought 8,178 Bitcoin for $835 million at an average price of $102,171.
This marks Strategy’s largest Bitcoin acquisition since July.
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Strategy, the world’s largest Bitcoin treasury company, acquired 8,178 Bitcoin for around $835 million at an average price of $102,171 per coin, according to a new SEC filing. The purchases, completed last week, represent the company’s largest accumulation since July.Michael Saylor, founder and executive chairman of Strategy, revealed last week that the company was buying a substantial amount of Bitcoin, particularly during recent market fluctuations where Bitcoin fell below $95,000 before recovering above $96,500.Saylor emphasized Bitcoin’s robust performance compared to traditional assets like gold and the S&P 500, noting that Strategy now holds over 3% of all Bitcoin, with significant returns and manageable leverage.
